5151 Balboa Boulevard #310
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2018 | Sold | ||
| Sold | |||
| Sep 6, 2018 | Listed by Home Free Realty | $525,000 | |
| Listed by Home Free Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/08/2025
|
2 Bed
|
2 Bath
|
905 ft²
|
$549,900
2 Bed
2 Bath
905 ft²
|
$475,000
-13.62%
12/12/2025
|
Rachel Shalev
Beverly and Company
| |
|
06/02/2025
|
2 Bed
|
2 Bath
|
956 ft²
|
$624,999
2 Bed
2 Bath
956 ft²
|
$650,000
+4.00%
07/10/2025
|
Bruce Barz
Gibson & Associates - Sherman
| |
|
02/26/2024
|
2 Bed
|
2 Bath
|
956 ft²
|
$575,000
2 Bed
2 Bath
956 ft²
|
$625,000
+8.70%
03/27/2024
|
Raquel Magro
Pinnacle Estate Properties, Inc.
| |
|
04/13/2022
|
2 Bed
|
2 Bath
|
956 ft²
|
$539,000
2 Bed
2 Bath
956 ft²
|
-
-
|
James Waller
Equity Union
| |
|
06/25/2021
|
2 Bed
|
2 Bath
|
956 ft²
|
$487,500
2 Bed
2 Bath
956 ft²
|
$520,000
+6.67%
07/29/2021
|
Pareesa Nindra
KW Encino-Sherman Oaks
| |
|
05/14/2021
|
2 Bed
|
2 Bath
|
956 ft²
|
$500,000
2 Bed
2 Bath
956 ft²
|
$541,000
+8.20%
06/30/2021
|
Shane Nichols
| |
|
07/29/2020
|
2 Bed
|
2 Bath
|
956 ft²
|
$459,000
2 Bed
2 Bath
956 ft²
|
$470,000
+2.40%
09/25/2020
|
Kelly Hachtel
Reali, Inc.
| |
|
06/05/2019
|
2 Bed
|
2 Bath
|
956 ft²
|
$469,990
2 Bed
2 Bath
956 ft²
|
$496,000
+5.53%
07/16/2019
|
Samer Musallam
Elite Home Group
| |
|
09/19/2018
|
2 Bed
|
2 Bath
|
956 ft²
|
-
2 Bed
2 Bath
956 ft²
|
-
-
|
-
| |
|
09/06/2018
|
2 Bed
|
2 Bath
|
927 ft²
|
$525,000
2 Bed
2 Bath
927 ft²
|
$495,000
-5.71%
10/29/2018
|
Michael Cirrito
Zap Home Realty
| |
|
09/04/2018
|
2 Bed
|
2 Bath
|
966 ft²
|
-
2 Bed
2 Bath
966 ft²
|
-
-
|
-
| |
|
06/14/2018
| |
2 Bed
|
2 Bath
|
999 ft²
|
-
2 Bed
2 Bath
999 ft²
|
-
-
|
-
|
|
10/14/2015
|
2 Bed
|
2 Bath
|
956 ft²
|
$369,000
2 Bed
2 Bath
956 ft²
|
$380,000
+2.98%
12/24/2015
|
Lena Samigoullina
Keller Williams Hollywood Hills
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017